Why Microsoft Dynamics 365 is the Top Choice for Small Business Cloud ERP Solutions
February 2, 2023 | Digital Transformation, ERP, Microsoft Dynamic 365, Technology | No Comments

Why Microsoft Dynamics is the Best Cloud ERP for Small Businesses Businesses need software that can help them adapt to an increasingly online environment. While native tools still have their place, many companies are looking to technologies that can help them with their full digital transformation. Microsoft foresaw this change years ago. This is the main reason they migrated many popular enterprise resource planning (ERP) tools to the cloud. The Microsoft Dynamics 365 platform is considered by many to be the best ERP solution for small businesses.
What is Microsoft Dynamics 365?
Microsoft Dynamics 365 gives companies the benefits of ERP and customer resource management tools. Small businesses can more easily coordinate how data flows between regions and create a single source of truth for business operations across the enterprise. Information from lines of business such as operations, finance, manufacturing, and human resources can be linked within one platform.
The main benefit of a small business is the elimination of the silos that often arise when you use multiple applications that don’t communicate with each other. It is no longer necessary to set up complex code in each system to meet specific business needs. Instead, Dynamics 365 enables the integration of all processes into one fluid ecosystem.
The Importance of Cloud ERP for Small Businesses
Small companies often do not have the financial or human resources of larger companies. Many companies don't have an IT shop or a small core team trying to pull everything together. These companies are less likely to pay for and maintain multiple servers to expand the IT infrastructure when the business wants to expand. As a result, companies may feel stymied when trying to grow their business.
Thanks to the ERP capabilities of Dynamics 365, this is no longer a problem. Businesses pay a monthly subscription fee to access business tools. No need to spend a lot of money on server hardware. Microsoft protects your data and scales servers to accommodate your business growth. By investing in cloud ERP for small businesses, you can:
♦ Optimize the performance of business processes
♦ Give your employees extra flexibility
♦ Be more agile and adapt to market changes
♦ Take advantage of new business opportunities
Show Your Small Business Needs Cloud ERP Software
While some in your organization may be satisfied with your current ERP, that doesn't mean there isn't room for improvement. Switching to cloud ERP software can benefit small businesses dealing with the following issues.

1. You can't grow
You may be able to use your current ERP system, but the basic functionality may not scale as far as you need.If your business is unable to scale due to the limitations of on-premises technology, it may be time to consider migrating to a cloud solution.
2. Difficult to keep customers happy
If you're struggling to meet your customers' needs, it might be time to consider a different type of ERP. Giving your employees what they need to provide a better customer experience can set you apart from other competitors.
3. Jumping from one system to another
Sometimes companies invest in many different technologies that cannot communicate with each other. For example, your accounting software may not be integrated with your CRM. With Dynamics 365, you can create a single ecosystem where employees can access the information they need to complete their department's business tasks.
DYNAMICS 365 BENEFITS FOR SMALL BUSINESS
Investing in a cloud ERP solution can help small businesses cover several core functions.You can remove barriers that prevent effective communication between departments. It's also easier to adapt cloud ERP to new or changing business priorities. Here are some more Dynamics 365 benefits for companies looking for the best ERP for small businesses.

1. Customizable
Businesses can customize their Dynamics 365 instances to include any business functionality. For example, there are financial, manufacturing, and customer service modules. You can start with a few components and scale your Dynamics 365 instance as needed. Small businesses can set up an all-in-one solution that includes all the tools and features needed to run their business.
2. Provide actionable insights
You can use Dynamics 365 as a single source of truth for data from different parts of your business. This gives you a 360-degree view of everything that affects your customers or business operations. You can also leverage the AI capabilities of Dynamics 365 to gain insights that help you make better decisions about the direction of your business.
3. Integrate with other Microsoft products
With Dynamics 365, you can use other Microsoft tools such as Excel and Outlook. You can update or change Excel spreadsheets in bulk, then automatically publish the information to your Dynamics 365 database. Artificial intelligence technology within the platform helps you respond to customer inquiries and business inquiries via email.
4. Allow companies to automate workflows
You can automate your tasks with Power Automate. For example, HR representatives can set up a workflow that automates the tasks required to onboard new employees.
Start with cloud ERP for small businesses
If your business is in the market for new ERP software, Dynamics 365 has everything you need to run your business effectively. You can automate manual tasks across departments, smooth communication with customers, and track everything that’s happening in your small business from one platform.
Great Inovus understands the needs of small businesses. We can help you adapt Dynamics 365 to your business needs. To learn more about how we can maximize the benefits of cloud ERP, schedule a consultation with one of our Microsoft experts.